Meta Platforms, Inc. $META is Insight Holdings Group LLC's 8th Largest Position

Key Points

• Insight Holdings Group LLC has increased its holdings in Meta Platforms by 3.8%, making the stock approximately 4.5% of its portfolio and its 8th largest position, valued at $58.2 million.
• Meta Platforms reported quarterly earnings of $7.14 per share, exceeding analysts' expectations of $5.75, with year-over-year revenue growth of 21.6% to $47.52 billion.
• Research analysts have raised their price targets for Meta Platforms, with Morgan Stanley's target increasing from $750 to $850, and a current consensus target price of $822.41.

Insight Holdings Group LLC increased its holdings in shares of Meta Platforms, Inc. (NASDAQ:META - Free Report) by 3.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 100,940 shares of the social networking company's stock after purchasing an additional 3,700 shares during the quarter. Meta Platforms makes up approximately 4.5% of Insight Holdings Group LLC's portfolio, making the stock its 8th biggest position. Insight Holdings Group LLC's holdings in Meta Platforms were worth $58,178,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Inlight Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC acquired a new position in Meta Platforms during the first quarter worth approximately $28,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Meta Platforms during the first quarter worth approximately $33,000. JCIC Asset Management Inc. increased its position in Meta Platforms by 102.6% during the first quarter. JCIC Asset Management Inc. now owns 79 shares of the social networking company's stock worth $46,000 after buying an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. acquired a new position in Meta Platforms during the fourth quarter worth approximately $47,000. Hedge funds and other institutional investors own 79.91% of the company's stock.

Meta Platforms Trading Up 1.6%

Shares of META stock opened at $748.65 on Friday. The business's fifty day moving average price is $738.01 and its 200 day moving average price is $659.12. Meta Platforms, Inc. has a 1-year low of $479.80 and a 1-year high of $796.25. The firm has a market capitalization of $1.88 trillion, a PE ratio of 27.11, a P/E/G ratio of 1.52 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.97 and a quick ratio of 1.97.

Meta Platforms (NASDAQ:META - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The social networking company reported $7.14 earnings per share for the quarter, topping analysts' consensus estimates of $5.75 by $1.39. Meta Platforms had a return on equity of 39.33% and a net margin of 39.99%.The firm had revenue of $47.52 billion for the quarter, compared to analyst estimates of $44.55 billion. During the same quarter in the prior year, the company posted $5.16 earnings per share. Meta Platforms's quarterly revenue was up 21.6% on a year-over-year basis. Meta Platforms has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that Meta Platforms, Inc. will post 26.7 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Morgan Stanley lifted their price target on Meta Platforms from $750.00 to $850.00 and gave the stock an "overweight" rating in a research report on Thursday, July 31st. Barclays lifted their price target on Meta Platforms from $640.00 to $810.00 and gave the stock an "overweight" rating in a research report on Friday, August 1st. Royal Bank Of Canada lifted their price target on Meta Platforms from $740.00 to $840.00 and gave the stock an "outperform" rating in a research report on Thursday, July 31st. Cantor Fitzgerald restated an "overweight" rating and set a $920.00 price target on shares of Meta Platforms in a research note on Wednesday, August 13th. Finally, Roth Capital upped their price target on Meta Platforms from $620.00 to $740.00 and gave the stock a "buy" rating in a research note on Tuesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $822.41.

Insider Activity at Meta Platforms

In other Meta Platforms news, CTO Andrew Bosworth sold 11,694 shares of the business's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $775.00, for a total transaction of $9,062,850.00. Following the sale, the chief technology officer directly owned 1,799 shares in the company, valued at approximately $1,394,225. The trade was a 86.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Javier Olivan sold 517 shares of the business's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $726.25, for a total value of $375,471.25. Following the sale, the chief operating officer owned 12,094 shares in the company, valued at approximately $8,783,267.50. The trade was a 4.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 312,341 shares of company stock valued at $234,443,690 in the last 90 days. 13.61% of the stock is owned by corporate insiders.

Meta Platforms Profile

Meta Platforms, Inc engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

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